Thomas H. Allen & Co. v. John S. Hornor & Son

Rogers. J.

On the 11th day of December, 18S2, a man representing himself as W. B. Reeves, of W. B. Reeves ,& Bro., entered the banking house of defendants, Hornor & Son, in Helena Ark., and asked the senior member of the house if the bank would discount a draft drawn by him (Reeves) on the house of Thos. H. Allen & Co., of New Orleans, offering a bill of lading for twenty-one boles of cotton as collateral security. The firm of Hornor & Son declined to discount his draft, not knowing Reeves, unless he first obtained authority from said Thos. H. Allen & Co. to do so. Reeves volunteered to obtain…